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28-Unit Townhome-Style Apartments
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540 C St NW, Ephrata, WA 98823

Two-story residences include private unfinished basements, in-unit laundry, storage, and an on-site rentable commercial space.

Property SizeContact for details
Days on Market141

Property Features for 540 C St NW

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 28 x 2BR/1BA
Multifamily Units 28

Additional Details

Road Access Yes

Amenities

central lawn
in-unit laundry
private unfinished basements
Listing Agency: Paragon Group
Listed By: Mason Fiascone · License #20115181
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 12:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paragon Group

Investment Insights

Based on property information with market context.

This 28-unit apartment property in Ephrata features townhome-style residences averaging 845 square feet. Each home includes two bedrooms and one bathroom, with living and kitchen areas on the main floor and sleeping quarters above. Private unfinished basements provide additional storage and in-unit laundry, while a central lawn serves the community. The property also includes one rentable office or commercial space.

Located at 540 C St NW, the community sits just off Main Street and directly across from Ephrata High School. Moses Lake is approximately 20 minutes away. The layout, basement space, and additional commercial component provide a distinct configuration within the local multifamily market.

Key Highlights

  • 28 units with an average size of 845 square feet
  • Each residence offers two bedrooms and one bathroom
  • Two‑story layouts separate main‑level living areas from upper‑level bedrooms and baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Big Box & Wholesale Store Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 98823, WA

12,393
Population
4,646
Households
2.7
Avg Household Size
35
Median Age
17%
College-Educated
90%
High-School Grad
298.2 sq mi
ZIP Area
42
Density / Sq Mi
$77,361
Median Household Income
$46,929
Median Earnings
$956
Median Rent
$256,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residences include private unfinished basements, in-unit laundry, storage, and an on-site rentable commercial space.
Where is this apartment building located?
The property is located at 540 C St NW Ephrata, WA.
What are key features of this property?
This property features: 28 units with an average size of 845 square feet; Each residence offers two bedrooms and one bathroom; Two‑story layouts separate main‑level living areas from upper‑level bedrooms and baths
(509) 221-9354 Call to check price and availability
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